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Coronavirus Outbreak: Govt orders banks to remain open during lockdown, ensure welfare cash schemes to beneficiaries
Business

Coronavirus Outbreak: Govt orders banks to remain open during lockdown, ensure welfare cash schemes to beneficiaries

On Sunday night, State Level Bankers’ Committee of West Bengal issued an advisory to all the banks in the state to remain operational on all working days.

Rural Meghalaya’s long road to an ATM
Business

Rural Meghalaya’s long road to an ATM

The government must improve power supply, telecoms connectivity to make its digital dreams a reality. Easier ways to deposit and withdraw cash would be welcome.

Maharashtra loan waiver: Devendra Fadnavis admits goof up, says scheme on till 'every eligible farmer included'
India

Maharashtra loan waiver: Devendra Fadnavis admits goof up, says scheme on till 'every eligible farmer included'

Maharashtra chief minister Devendra Fadnavis, addressing the the Maharashtra Assembly Thursday, admitted his government made mistakes implementing the farmers' loan waiver scheme but stated that those errors were later rectified. He added that the scheme would continue until 'every eligible farmer was included'.

Fadnavis govt junks Aadhaar, dines with the devil (banks), gets loan waiver Assembly-ready, but crisis far from over
India

Fadnavis govt junks Aadhaar, dines with the devil (banks), gets loan waiver Assembly-ready, but crisis far from over

The green list of beneficiaries grew from 69,832 to 13.25 lakh to 17.49 lakh and then 41 lakh in all of ten days. It was as if the government had found a magic formula to identify correct beneficiaries.

Maharashtra loan waiver: How banks undid Fadnavis' pet plan, forcing him to delink Aadhaar from disbursal
India

Maharashtra loan waiver: How banks undid Fadnavis' pet plan, forcing him to delink Aadhaar from disbursal

Maharashtra chief minister Devendra Fadnavis’ dream of delivering the country’s first, blemishless, Aadhaar-linked farm loan waiver scheme has turned into a nightmare.

Maharashtra loan waiver scheme: Red-faced Devendra Fadnavis takes officials to task, orders to correct anomalies in 24 hours
India

Maharashtra loan waiver scheme: Red-faced Devendra Fadnavis takes officials to task, orders to correct anomalies in 24 hours

The state government had last week released a sum of Rs 4,000 crore under the first phase of the over Rs 34,022 crore farm loan waiver scheme.

Maha farm loan waiver: Banks goof up beneficiary list big time, bring Devendra Fadnavis' plan to grinding halt
India

Maha farm loan waiver: Banks goof up beneficiary list big time, bring Devendra Fadnavis' plan to grinding halt

In the hurry to submit the farmers' details to the government majority banks have submitted incorrect data for the farmers' loan waiver scheme